Kannatin: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Kannatin
Largest movements
- Cash +€29,665
up €29,665 (+114.9%), from €25,809 to €55,474
mainly Net result for the year (+€23,774) and Tax, wage and social debts (+€6,422)
- Reserves +€23,774
up €23,774 (+88.4%), from €26,905 to €50,679
- Tax, wage and social debts +€6,422
up €6,422 (+371.7%), from €1,728 to €8,150
- Gross operating margin +€23,195
up €23,195 (+160.6%), from €14,444 to €37,639
- Taxes +€7,697
up €7,697 (+193.2%), from €3,984 to €11,680
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,034 | €60,240 | +€30,206 | +100.6% |
| Fixed assets | 21/28 | €3,762 | €4,289 | +€527 | +14.0% |
| Tangible fixed assets | 22/27 | €3,762 | €4,289 | +€527 | +14.0% |
| Plant, machinery and equipment | 23 | €1,169 | €2,864 | +€1,694 | +144.9% |
| Furniture and vehicles | 24 | €2,593 | €1,425 | -€1,168 | -45.0% |
| Current assets | 29/58 | €26,272 | €55,952 | +€29,680 | +113.0% |
| Cash at bank and in hand | 54/58 | €25,809 | €55,474 | +€29,665 | +114.9% |
| Deferred charges and accrued income | 490/1 | €463 | €477 | +€14 | +3.1% |
| Total equity and liabilities | 10/49 | €30,034 | €60,240 | +€30,206 | +100.6% |
| Equity | 10/15 | €27,405 | €51,179 | +€23,774 | +86.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €26,905 | €50,679 | +€23,774 | +88.4% |
| Distributable reserves | 133 | €26,905 | €50,679 | +€23,774 | +88.4% |
| Amounts payable | 17/49 | €2,629 | €9,061 | +€6,432 | +244.7% |
| Amounts payable within one year | 42/48 | €2,629 | €9,061 | +€6,432 | +244.7% |
| Trade debts | 44 | €551 | €546 | -€5 | -0.8% |
| Suppliers | 440/4 | €551 | €546 | -€5 | -0.8% |
| Taxes, remuneration and social security | 45 | €1,728 | €8,150 | +€6,422 | +371.7% |
| Taxes | 450/3 | €1,728 | €8,150 | +€6,422 | +371.7% |
| Other amounts payable | 47/48 | €350 | €365 | +€15 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,313 | €1,607 | +€294 | +22.4% |
| Other operating charges | 640/8 | €429 | €420 | -€10 | -2.3% |
| Gross operating margin | 9900 | €14,444 | €37,639 | +€23,195 | +160.6% |
| Operating profit (loss) | 9901 | €12,701 | €35,612 | +€22,910 | +180.4% |
| Financial charges | 65/66B | €221 | €158 | -€63 | -28.6% |
| Recurring financial charges | 65 | €221 | €158 | -€63 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | €12,481 | €35,454 | +€22,974 | +184.1% |
| Income taxes | 67/77 | €3,984 | €11,680 | +€7,697 | +193.2% |
| Profit (loss) for the period | 9904 | €8,497 | €23,774 | +€15,277 | +179.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,497 | €23,774 | +€15,277 | +179.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.